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Technology Stocks : Ciena (CIEN)
CIEN 246.06+5.2%Jan 2 4:00 PM EST
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To: jach who wrote (5940)12/17/1998 11:55:00 AM
From: still learning   of 12623
 
<<CIEN still has great technology and they still own more than 50% of DWDM market.>>

The same could have been said for NSCP, even after the game was over. CIEN's lead is dwindling no matter how you cut it. This is more than just a case of the co. maturing and having growing pains -- it's aserious competitive threat they have not addressed. IMHO they should have taken .5, done the TLABs deal, and would have been better off.

If I were TLABs, I wouldn't pay more than .33 today (which may well be $25-30 shr anyway before long
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